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LatestYachtingNewsFromThe4YachtBlog

The Dubai International Boat Show returns this week with the 23rd edition of this international event. Over 800 companies and brand from 54 countries will participate at this year’s show, which will run through March 7 at the Dubai International Marine Club.. An unprecedented number of visitors from more than 120 countries are also expected to attend the show.
Countries with the most participating businesses will once again be Italy and the United States, while Djibouti, Indonesia and Luxembourg will also join the event. Over the show’s five days, 45 global and regional launches will occur. Companies set to launch or debut their latest vessels at DIBS include IMB Boats, Halul Boats, HullSquared, Princess Yachts and Rio Yachts.
UAE-based Gulf Craft is also set to reveal a brand new collection of yachts, designed for yachting enthusiast with a passion for worldwide exploration, at the Dubai show. Gulf Craft has also announced that the show will also be the scene for the global launch ...

The organizers of the Genoa International Boat Show have decided that the 2015 event will continue with the successful format started last year, continuing the format started last year. In 2015, two marinas will be devoted to displays of more than 500 boats. The new format reinforced traditional exhibition areas that will be flanked by new spaces dedicated to every kind of water sport.
The Genoa show is of utmost important to the industry as Italy is the biggest superyacht-building nation in the world. It also aims to make Genoa a strategic hub in the Mediterranean yacht charter market.
In 2014, more than 109,000 visitors came to the event in just five days, making it the most popular boat show in the Mediterranean, and the first in terms of he range of product categories exhibited. Last year’s numbers total 10,000 boats on display, 760 exhibitors and 1,300 navigation trials conducted. In addition, 1,450 journaists working for 410 publications attended the event.
Another parameter ...

Italian shipyard Tankoa has sold its first S501 superyacht to a French owner. Construction of the 50m superyacht will begin in April, with delivery scheduled for April 2017.
Renowned designer Francesco Paszkowski developed the design in an attempt to develop a balance, timeless look with amenities and facilities usually seen only on much larger yachts. The S501 will accommodate guests over six cabins that includes a luxurious full-beam master and VIP suite on the main deck, with four guest cabins on the lower deck. The vessel will also have a gym, cinema and 7m tender garage.
The design brief indicated a requirement for a permanent visual contact with the sea that is achieved throughout with floor-to-ceiling windows. Paskowski will style her interiors in collaboration with Margherita Casprini.
Tankoa officially introduced the S501 to the industry during the 2014 Monaco Yacht Show. Powered by MTU SV400054R engines, she will have a maximum speed of 16 knots and a range of 5,000 nm at ...

Is Russia looking for ways to please its nouveau riche, or is the country looking for ways to promote yachting tourism? Maybe it is a little of both. According to local media reports, Russia has plans to develop a yachting infrastructure with a planned marina in Gelendzhik and additional sites in the Crimea targeted for development.
Source of the speculation is a Russian special purpose program entitled Transport System Development 2010-2020, which is set to undergo public discussion soon. The sub-program called Marine Transport will, most likely, see additional allocation of funds for construction at Gelendzhik that could include a yacht marina and entertainment infrastructure. The new marine has already been designed and the environmental study for the project is in progress. Construction is slated to begin sometime this year with completion in 2017.
The project is estimated at RUB 9.4 billion, including RUB 4.4 billion of investments and RUB 5 billion of federal money supposed for ...

The first vessel in Overmarine Group’s new Mangusta 132 series, the fourth model in the recent Maxi Open Mangusta series, has been sold.
Francesco Frediani, Overmarine’s commercial director noted that the Mangusta 132 was created with the group’s strategic development plan in mind in addition to focusing on the company’s dimensional growth, greater efficiency and high performance, all of which point to Overmarine remaining a key player in the yachting industry.
The 132’s external lines are racy and sporty, characteristic of previous Mangustas, but the Open range also includes glazing on the main deck, a single window at the salon to boost natural light, aggressive grating and a spacious sundeck that lends itself for use as a private area for the owner.
She also features a new hull form that includes all the hydrodynamic improvements put in place on the Mangusta 165, along with new engines a waterjet propulsion system and zero-speed gyroscopic stabilizers.
The yacht’s hull was ...

No update has come from owners of Christensen Shipyards, the Vancouver, WA-based builder of custom yachts as to the status of its shuttered manufacturing plant. According to the local Columbian newspaper, the media blackout on the long-term status of the shipbuilder continues, even though employees recently arrived at the yard to pick up paychecks following the shuttering of the facility earlier in February. Christensen Chairman Joe Foggia has not returned telephone calls or emails regarding the shipyard’s status.
Workers arrived at the shipyard on February 9 to find the gates locked, even though it appeared that some employees were working on Missing Link, a Christensen yacht, nearby in the Columbia River. The company had reportedly sent emails to employees, telling them not to show up for work.
Three days after Christensen closed, one of its suppliers filed a lawsuit alleging that the company failed to pay more than $966,000 for materials and equipment used n construction of hulls. ...

The UAE-based shipyard Gulf Craft has launched three Majesty superyachts in a single week, a 105, a 120 and a 135. All three will be on display at the Dubai International Boat Show, March 3-7 and the Singapore Yacht Show, April l23-26.
As the latest additions to Gulf Craft’s line of luxury flybridge superyachts, the launches further underlines the company’s growing credentials as an international superyacht builder through innovative design and manufacturing approaches.
Gulf Craft CEO Edwin Bamps noted that by displaying the yachts at major industry events over the next several months, the company hopes to continue to expand its geographical reach and to strengthen the reputation of the UAE in the luxury yacht market. Gulf Craft will invest $100 million in the development of a world-class
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Worldwide yacht brokerage sales in 2014 rebounded in Europe with number of units and total values rising by double-digit percentages. The American market, however, offset those gains, with volume decreasing by 5 percent and value declining 8 percent.
In 2014, global sales totaled 37,509 boats worth $5.592 billion, but those figures do not indicate the nuances of the luxury boat market.
The high-volume sector of boats under 35 feet experienced fewer units sold in the United States, but numbers were higher among larger boats. Sales of boats over 80 feet were skewed on both continents. Significant variations amount the number of units sold and total values varied among regions in both Europe and the United States.
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Heesen Yacht has launched Project YN 16947, a 47m displacement superyacht known as Aysa, christened in a private ceremony last fall. Aysa’s exterior design by Frank Laupman of Omega Artchitects features beautiful traditional lines with continuous glued glass windows and matching black paint on the main and upper decks.
The yacht’s interior designed by the award winning London studio Bannenberg & Rowell, has a simple far eastern them that combines silver-gray oiled oak, mid-gloss lacquer, silk and bronze with contrasting dark Makassar ebony and polished stainless steel details and accents.
Twin MTU diesel 8V 4000 M63 engines power her to a top speed of 15 knots, with a range of 4,000 nautical miles at 12 knots. Asya has remained in Oss Harbor for finishing and commission of her systems. She is expected to be delivered this month after extensive sea trials in the North Sea.
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Chinese customs officials in Guangzhou have officially issued a registration certificate for the establishment of the first on-water bonded areas for yachts in Guangzhou’s Nansha Marina. The special area will encompass 2800 square meters and will have the ability to host 16 yachts up to 100 feet in length.
The yacht bonded area will store vessels waiting for re-export, imported yachts pending customs duties and tax payment, vessels temporarily placed there by foreign traders and dealer yachts awaiting other customs procedures. Internet monitoring featuring a unified information management system will significantly simplify procedures and increase efficiency. Establishment of such an area will allow bonded warehouse operation to occur directly on the water, which is an ideal solution for larger yachts. This initiative is expected to attract well-known brands to South China and inspire company owners to showcase their products for buyers as well as organize water events and races.
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